Friday, January 25, 2008

Simtek gets inventive (again)

After not seeking any patents for nearly five years, Simtek Corp. announced this month it has filed 27 new patent applications in the last two years, including a record 15 applications last year.Simtek said it has focused its research and development spending on solidifying its intellectual property in non-volatile static random access memory, which combines speed and the ability to retain information when power is cut, as well as other emerging types of non-volatile memory."Simtek has enjoyed both solid revenue growth and increasing product margins over the last several years," said Ron Sartore, the company's executive vice president for research and development investments and building its patent portfolio. "We have funneled much of those proceeds into developing new technologies we believe will drive rapid growth and profitability."

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